Family Financial Centers, LLC (FFC), a network of community-based financial service centers that offers financial services that include check cashing, bill payment, money orders, wire transfers, gift card buy back, pre-paid debit cards, bookkeeping services and direct deposit, announced some achievements the company made in 2021!
We all know how worrisome and uncertain the past 20 months have been. So many businesses were affected by Covid-19, with many closing their doors, so it was a big accomplishment for FFC to not only have zero closures, but they opened six new locations in 2021, bringing the total number of franchised units into the mid-50’s. Ken Parsons, President of FFC says, “with many businesses closing down during the pandemic, to open this many new locations confirms that not only is our business essential, it is also thriving!” The new locations opened in Florida, Pennsylvania, and Texas.
Mr. Parsons went on to say, “Not only did we open several new locations, our overall sales performance for 2021 exceeded our pre-pandemic numbers. Our Q4 sales have been the best we’ve ever seen, and we expect sales in 2022 to be record breaking!
2021 also saw FFC being recognized in the franchise industry. FranServe, Inc. included FFC as a FRAN-TASTIC 500 winner for the second year in a row! This is a prestigious recognition for franchises and is awarded to those franchises who go above and beyond the norm in helping people fulfill their dreams of business ownership. Entrepreneur Magazine also recognized FFC as a Top Low-Cost Franchise in their Annual 2021 Franchise 500®! A comprehensive analysis is done in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability, and then a ranking is compiled of the top 100 franchises that meet these requirements. “Our stores have not only managed to stay the course, but by being more proficient, more detailed, and following standard operating procedures we continue to thrive and grow, a testament to how sound and resilient our FFC business model is and receiving these honors supports that”, comments Paul Eckert, Founder and CEO of Family Financial Centers.
Family Financial Centers is committed to providing community-based financial services in a fair, dignified, professional manner to folks with and without bank accounts, as well as to small businesses. Family Financial Centers help small business customers accelerate their cash flow to make payroll and retain their valuable employees through commercial check cashing services, with in-store and mobile check cashing options available.
The Family Financial Centers franchise was designed to be an alternative to rapidly disappearing neighborhood branch banks to serve the unbanked, the underbanked, small businesses and the more than 50% of Americans living paycheck-to-paycheck.